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not only on high income earners, he has raised taxes on everyone. the word is he is going to say, he needs more money, more tax revenues. how is that going to be received? >> i can tell you on capitol hill it has not been received very well. house republicans basically, many of them didn't vote for the package that included the tax hikes you are referring to, the one that was voted right after new year's eve. they say that is enough. they don't want to see any more offers that includes tax increases. consider they hold the house majority and they can hold to that the best they can. i doubt we would see a package to stave off a sequester anything comprehensive like that. the best we're going to see a kick the can down the road and stave off the cuts. >> gregg: do you think this president, in a way, try to persuade the nation, that 8% unemployment, 25 million americans, unemployed or under employment is negative, that is the new norm. is he going to say something similar to? >> that i don't know if he is going to say something similar to that. >> look
not only on high income earners, he has raised taxes on everyone. the word is he is going to say, he needs more money, more tax revenues. how is that going to be received? >> i can tell you on capitol hill it has not been received very well. house republicans basically, many of them didn't vote for the package that included the tax hikes you are referring to, the one that was voted right after new year's eve. they say that is enough. they don't want to see any more offers that includes...
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Feb 9, 2013
02/13
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gibraltar's wealthy economic boon is only possible because it is a tax haven, a paradise for gamblers. for the people of gibraltar, it is pure slander. >> any independent review, such as by the international monetary fund, has shown that gibraltar is by most measures an extremely well regulated and well governed jurisdiction. >> gibraltar abolished certain tax benefits under pressure from the european union, before the spanish government, that is not enough, an attitude which makes gibraltar's neighbors angry. >> we cannot be the loser of an anti-gibraltar policy made in madrid. it is not a problem for us. it is an opportunity. >> people traveling from gibraltar to spain are kept waiting for hours by spanish border and customs controls. officially, authorities are trying to put a stop to smuggling, but it is the spanish commuters who suffer. >> every day, we have to wait for hours. it is a disgrace, and they need to come up with a solution soon. >> manuel marquez and his son are stuck at the border. >> with some goodwill, they should be able to solve this. then we would not have to wa
gibraltar's wealthy economic boon is only possible because it is a tax haven, a paradise for gamblers. for the people of gibraltar, it is pure slander. >> any independent review, such as by the international monetary fund, has shown that gibraltar is by most measures an extremely well regulated and well governed jurisdiction. >> gibraltar abolished certain tax benefits under pressure from the european union, before the spanish government, that is not enough, an attitude which makes...
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Feb 9, 2013
02/13
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he said he wants sensible changes and reforms to the tax code. the sequester could cost jobs in education and security. funding forehead start, medical research and small businesses would be cut. >> we are learning more about the president's state of the union address set for next tuesday night. themes include job creation, immigration reform, trimming the 16 trillon dollar debt and gun violence. survivors of the connecticut shooting will attend. nancy pelosi has, invited a student from another school. >>> the first lady will attend the funeral of a chicago honor student today. police say that the 15-year-old was shot last month in a park about a mile away from the obama's chicago home. investigators say she was not the intended target. just a week before she preformed with her band at the inauguration. an event that she called a highlight of her life. no arrests have been made. >> a chance to own a piece of the nosema the niners in santa clara how you can make a lasting impression and help pay for the stadium at the same time. >> a warm up expec
he said he wants sensible changes and reforms to the tax code. the sequester could cost jobs in education and security. funding forehead start, medical research and small businesses would be cut. >> we are learning more about the president's state of the union address set for next tuesday night. themes include job creation, immigration reform, trimming the 16 trillon dollar debt and gun violence. survivors of the connecticut shooting will attend. nancy pelosi has, invited a student from...
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themselves and let's not let's remember that the coffee they have will be heavily subsidized by the tax payers a lot of people's wages being either frozen or slashed just like the police officers we hit the streets of london a little bit earlier to find out whether people in london think that someone who serves coffee to politicians should be making more money than a front line police officer let's take a look at my coffee twenty grand of commons where do our story. three soldiers get their forces a research coffee get here so. you're probably no closer to night again tonight is basically you can be boring because they're just being ridiculous and avatars really should be ashamed of themselves for doing so that shows just how out of touch the politicians are with the problems of ordinary brits and of course a lot of critics saying that with austerity measures really biting for a lot of people in the u.k. the politicians could have made to wear the capsule of boiling water and some instant coffee. skepticism and mistrust appears prevalent in bahrain with talks between the opposition and
themselves and let's not let's remember that the coffee they have will be heavily subsidized by the tax payers a lot of people's wages being either frozen or slashed just like the police officers we hit the streets of london a little bit earlier to find out whether people in london think that someone who serves coffee to politicians should be making more money than a front line police officer let's take a look at my coffee twenty grand of commons where do our story. three soldiers get their...
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Feb 8, 2013
02/13
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but i think that exporters are creating fictitious transactions in order to get export tax rebates. that's been inflating china's export numbers. ministry of commerce knows this but they haven't been adjusting numbers down. to show you how bad this is, beijing says exports to south korea in 2012, last year, increased by 5.7% but the south koreans say that their imports from china decreased by 6.8%. now those two numbers can't be both correct. and nobody is questioning the south korean numbers. what's happens is we have seen a lot of problems with very low cargo numbers but very high export numbers. just cannot exist in the same universe. >> how do you know the government knows these numbers are inflated but can't adjust them down? do we have evidence that they know that the numberers are wrong but they put them out anyway? >> i think we know all about this. this is extensively reported for a couple months now. so if they don't know about it in beijing, they just haven't been reading the newspapers. this is not a big secret. and the problem is that a lot of these transactions occur r
but i think that exporters are creating fictitious transactions in order to get export tax rebates. that's been inflating china's export numbers. ministry of commerce knows this but they haven't been adjusting numbers down. to show you how bad this is, beijing says exports to south korea in 2012, last year, increased by 5.7% but the south koreans say that their imports from china decreased by 6.8%. now those two numbers can't be both correct. and nobody is questioning the south korean numbers....
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higher ta tax rate to 15% from 10. and governor wanted more funds dedicated to addiction services. those additions are expected to happen, and it should pass being the third state with nevada and delaware allowing gambling on-line. the companies would be based in new jersey too. that means gambling revenue as well as jobs would come into the state. you know how gambling has been a big way it get revenue in the tight times of state budgets. also, out of state gamblers could be allowed to do this as well. if they are on state allowed gambling. right now there is only two others. on the stock side, take a look at these names here. according to the wall street journal, they signed deals to service the industry. in new jersey. they traded in london but had huge days, bwin almost 15 times its average daily volume. i want to point out people, this legislation has nothing to do with sports betting. new jersey is moving ahead with that as well but can't start doing it until or unless they settle a lawsuit with major sports and ncaa. with the thing with on-line betti betting, they are in ear
higher ta tax rate to 15% from 10. and governor wanted more funds dedicated to addiction services. those additions are expected to happen, and it should pass being the third state with nevada and delaware allowing gambling on-line. the companies would be based in new jersey too. that means gambling revenue as well as jobs would come into the state. you know how gambling has been a big way it get revenue in the tight times of state budgets. also, out of state gamblers could be allowed to do this...
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now, investigators with the sacramento county sheriff's department have a tax fairfield police to share information, in case there is a connection between the two crimes. the visual this tonight at 6:30 p.m. at the weird part in fairfield. >> three men are wanted in connection with the armed home invasion robberies in pleasanton hill. this is surveillance video from a neighbor. the two victims said that the suspects part of their white chevy suburban or trailblazer in front of a driveway on the 1600 block of when the drive it around 11:30 p.m. yesterday. then all three men jumped out and hopped this assembled into the garage from the backyard. one of the victims went to his car to grab something when he was pistol whipped in the head. all three suspects had guns. the suspects took $30,000 worth of stuff. a laptop, clothes, jewelry and money. >> residents as san francisco's mission district are on alert after a pair of brutal attacks against women. if police said that the victims were not rob or rape, just punched and beaten. the first incident happened on january 26th o 23rd on 23rd str
now, investigators with the sacramento county sheriff's department have a tax fairfield police to share information, in case there is a connection between the two crimes. the visual this tonight at 6:30 p.m. at the weird part in fairfield. >> three men are wanted in connection with the armed home invasion robberies in pleasanton hill. this is surveillance video from a neighbor. the two victims said that the suspects part of their white chevy suburban or trailblazer in front of a driveway...
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Feb 8, 2013
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he'll also push for sales tax increase next year. >>> we could use an increase in temperatures. it's a cold start to our morning. >> it certainly is. good morning to you. good morning to you at home. take a live look here at san jose. the sun is trying. it's struggling but it's trying to break through the clouds. only a matter of time before we get that sunshine. you can see the bulk of the moisture pushed to the south. rare mixture of rain and snow down to 500 feet this morning and highs will be cool all day long. 52 today in livermore. 54 for gilroy. taking you through your weekend, temperatures are going to be cold saturday to start. near record levels. we'll see that sunshine come back out and warmer days saturday and sunday. 7:57. let's check your drive with mike. >> looking to the east shore freeway. traffic heading away from us. that's westbound. commute direction toward the berkeley curve still slow coming out of berkeley and approaching the toll plaza where the backup looks like this. all lanes are filled in. they are moving. the earlier crash cleared over half an hour
he'll also push for sales tax increase next year. >>> we could use an increase in temperatures. it's a cold start to our morning. >> it certainly is. good morning to you. good morning to you at home. take a live look here at san jose. the sun is trying. it's struggling but it's trying to break through the clouds. only a matter of time before we get that sunshine. you can see the bulk of the moisture pushed to the south. rare mixture of rain and snow down to 500 feet this morning...
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he says the new tax represent his family, and our strength, appeared to grow in humility. >> he may not need a jersey next year. >> tiger woods staying at all so at&t needs a jolt. round out at pebble beach. bill murray with the muttonchops sit signing a woman's forehead. mary knows the course well, he makes the nice approach shot that catches the slope and heads down held stopping about to end the 15 he beat from whole. >> up former nba player and hiv and aids activist magic johnson meeting with president obama at the white house. johnson was in town yesterday for an event at howard university hospital. the president and johnson met briefly discussed hiv and aids in the african- american community. well, well, well. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could record two shows. and if mom was recording her dumb show and dad was recording his dumb show then, by george, that's all we watched. and we liked it! today's kids got it so good. [ male announcer ] get u-verse tv for just $19 a month for 1 year when you
he says the new tax represent his family, and our strength, appeared to grow in humility. >> he may not need a jersey next year. >> tiger woods staying at all so at&t needs a jolt. round out at pebble beach. bill murray with the muttonchops sit signing a woman's forehead. mary knows the course well, he makes the nice approach shot that catches the slope and heads down held stopping about to end the 15 he beat from whole. >> up former nba player and hiv and aids activist...
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but also, some serious tax increases. we'll talk with nancy pelosi about that on sunday. alisyn: all right. chris. we'll be watching. thanks a lot. >> you bet. thanks, ali. rick: one of america's most prominent families falling victim to a hacking attack. personal e-mail accounts of former president george h.w. bush and his family broken into. the fallout from this violation of their privacy next. alisyn: and new information on a massive weapons shipment that was intercepted on the high seas heading to yemen. details on who may have sent those weapons and why. alisyn: the nation's roman catholic bishops rejecting the obama administration's new version of the health care law contraception mandate. the bishops said it does not offer enough safeguards for religious hospitals, colleges and charities that objected to providing such coverage to employees. they're asking for exemption for owners of for-profit businesses because it forces them to violate their religious beliefs. the bishops will continue fighting the federal mandate in court. rick: a hacker getting access to the
but also, some serious tax increases. we'll talk with nancy pelosi about that on sunday. alisyn: all right. chris. we'll be watching. thanks a lot. >> you bet. thanks, ali. rick: one of america's most prominent families falling victim to a hacking attack. personal e-mail accounts of former president george h.w. bush and his family broken into. the fallout from this violation of their privacy next. alisyn: and new information on a massive weapons shipment that was intercepted on the high...
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>> san jose mayor is hoping residents will agree to a tax increase to help fund the police department. the mayor laid out the plan last night in the state of the city address saying although there is a small surplus this year, it is still not enough to beef up the struggling police department. lay offs and pension reform have shrunk the department under 1,000 people. the mayor promises to add 200 officers the next two years but the believes union wants more. >> we are looking for san jose to pay a competitive wage for police officers. the market rate san jose pays is much less than any of the surrounding cities. >> in 2014 we will be able to explain to the public if they give us additional revenue we will restore services. >> the mayor is suggesting up to half a percent sales tax. a measure cannot go before voters until next year. >> investigators are wanting of a door-to-door scam in san mateo county trying to sell magazine subscriptions to benefit the reason amend mcdonald house. they are well dressed and plight but not affiliated with the organization. they only use fundraisers and
>> san jose mayor is hoping residents will agree to a tax increase to help fund the police department. the mayor laid out the plan last night in the state of the city address saying although there is a small surplus this year, it is still not enough to beef up the struggling police department. lay offs and pension reform have shrunk the department under 1,000 people. the mayor promises to add 200 officers the next two years but the believes union wants more. >> we are looking for...
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he is hoping residents will agree to a tax increase to beef up a struggling police department. the mayor laid out the plan in the state of the city address. our news reporter has details. >> san jose's mayor was quick to set the tone for the state of the city address. >> i would love to tell you i am not talk about the budget. that would be a pleasant change but that is still our biggest challenge. >> there is a small surplus this year it is still not enough to beef up the city's struggling police department. layoffs, low morale and pension reform have shrunk the department to under 1,000. >> my priority is public safety. >> the crime rate has gone up. last year there were 46 homicides, the highest in 20 years. the mayor promises to add 200 officers the next two years but the police officers union wants more. >> people are looking for san jose to pay a competitive wage for police officers. the market rate san jose pays is much less than any of the surrounding cities. >> to get it back on track, the mayor is suggesting up to half a sent sales tax. >> in 2014 we can explain to th
he is hoping residents will agree to a tax increase to beef up a struggling police department. the mayor laid out the plan in the state of the city address. our news reporter has details. >> san jose's mayor was quick to set the tone for the state of the city address. >> i would love to tell you i am not talk about the budget. that would be a pleasant change but that is still our biggest challenge. >> there is a small surplus this year it is still not enough to beef up the...
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Feb 8, 2013
02/13
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gibraltar's wealthy economic boon is only possible because it is a tax haven, a paradise for gamblers. for the people of gibraltar, it is pure slander. >> any independent review, such as by the international monetary fund, has shown that gibraltar is by most measures an extremely well regulated and well governed jurisdiction. >> gibraltar abolished certain tax benefits under pressure from the european union, before the spanish government, that is not enough, an attitude which makes gibraltar's neighbors angry. >> we cannot be the loser of an anti-gibraltar policy made in madrid. it is not a problem for us. it is an opportunity. >> people traveling from gibraltar to spain are kept waiting for hours by spanish border and customs controls. officially, authorities are trying to put a stop to smuggling, but it is the spanish commuters who suffer. >> every day, we have to wait for hours. it is a disgrace, and they need to come up with a solution soon. >> manuel marquez and his son are stuck at the border. >> with some goodwill, they should be able to solve this. then we would not have to wa
gibraltar's wealthy economic boon is only possible because it is a tax haven, a paradise for gamblers. for the people of gibraltar, it is pure slander. >> any independent review, such as by the international monetary fund, has shown that gibraltar is by most measures an extremely well regulated and well governed jurisdiction. >> gibraltar abolished certain tax benefits under pressure from the european union, before the spanish government, that is not enough, an attitude which makes...
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he says the new tax represent his family, and our strength, spiritual growth and humility. the pose of the photos on his instagram. >> he's in great shape so >> tiger woods stay home at the at&t needs a jolt. round out at pebble beach. bill murray with the muttonchops citing a woman's forehead. murray and he knows the course well, what he makes a nice approach shot that catches the slope and heads down hills stopping about 10 to 15 ft. from hold. sixth of all, defending champion phil mickelson and makes the short putt for par. former nba player and hiv and aids activists magic johnson the meeting with president obama at the white house. johnson was in town yesterday for a bit at howard university hospital. the president and johnson met briefly and discussed hiv and aids in the african- american community. >> before the new eastern span of the bay bridge opens the vehicles the bay area is being invited to try out on fled. the $6.3 billion that will officially open on september 3rd the tuesday after labor day. the days before that there'll be a huge party. the bay bridge toll
he says the new tax represent his family, and our strength, spiritual growth and humility. the pose of the photos on his instagram. >> he's in great shape so >> tiger woods stay home at the at&t needs a jolt. round out at pebble beach. bill murray with the muttonchops citing a woman's forehead. murray and he knows the course well, what he makes a nice approach shot that catches the slope and heads down hills stopping about 10 to 15 ft. from hold. sixth of all, defending champion...
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Feb 8, 2013
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> welcome back to "squawk box." we're going to get trade data in just a minute. first the weather channel's mike seidel joins us with an update of what's going on. good to see you finally, mike. >> hey, good morning, andrew. out here at revere beach, just north of logan, the north shore of boston, where the snow is going to be here in here in a matter of few minutes. we're looking at a blizzard warning for parts of seven states. the entire state of connecticut, and coastal areas of massachusetts, a coastal flood warning. high tide in about an hour comes up to about here. we're concerned about the high tide tonight and 10:00 a.m. tomorrow morning. that's going to take the atlantic up
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> welcome back to "squawk box." we're going to get trade data in just a minute. first the weather channel's mike seidel joins us with an update...
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they evaded taxes with the help of ubs. then they paid back their taxes plus a 20% fine when they took part in an irs amnesty a couple years ago. then they tried to recover some of those damages claiming that ubs failed to tell them that they actually needed to disclose those ubs accounts. by failing to do that, obviously, they committed tax evasion. but, again, the appeals court has thrown out that lawsuit and saying the plaintiff's case is like children who sue their parents to recover tax penalties because their parents failed to raise them to be honest people. it's hard not to be cynical for this story because some of the litigation risk has been removed. back in 009, ubs paid a heavy fine where ubs handed over 4,450 client names. back over to you. >> carolin, thank you. >>> monte paschi is saying it's handing over legal action to those who damage their -- this morning. >> meanwhile, a portrait of picasso's mistress sold this week. so in a time when markets are sinking and debts are recessing, how is the art market stil
they evaded taxes with the help of ubs. then they paid back their taxes plus a 20% fine when they took part in an irs amnesty a couple years ago. then they tried to recover some of those damages claiming that ubs failed to tell them that they actually needed to disclose those ubs accounts. by failing to do that, obviously, they committed tax evasion. but, again, the appeals court has thrown out that lawsuit and saying the plaintiff's case is like children who sue their parents to recover tax...
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. >> oregon democratic senator ron wyden, i know it's been a very, very long and tax day four. thank you for your time tonight, sir. >> thank you for having me. >> thanks. >>> it took longer than scheduled for this riveting hearing on capitol hill today to get started. it took longer to get started than they expected for a very notable reason. that and other manmade delays in washington, coming up. >>> i'm going to be blunt, and which would be no surprise to you, sir. but i've been on this committee for more than ten years. and with the exception of mr. panetta i feel i've been jerked around by every cia director. i've either been misled, misrepresented, had to pull information out, often at the most minimal kind of way. from tenet with his little aluminum rods to tell us that we had weapons of mass destruction in iraq to porter goss not forthcoming. can i have your word that you're going to be very forthcoming with this committee to speak truth to power, to speak truth about power, and even when it's uncomfortable where we're going to have to probe in a way that is not an easy
. >> oregon democratic senator ron wyden, i know it's been a very, very long and tax day four. thank you for your time tonight, sir. >> thank you for having me. >> thanks. >>> it took longer than scheduled for this riveting hearing on capitol hill today to get started. it took longer to get started than they expected for a very notable reason. that and other manmade delays in washington, coming up. >>> i'm going to be blunt, and which would be no surprise to...
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Feb 8, 2013
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MSNBCW
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. lookin' good, flo! feelin' good! feelin' real good! [ engine revs ] boat protection people love. now, that's progressive. call or click today. [ whispering ] that's crazy, the cookie's the best part. crème. cookie. crème. cookie. [ whispering ] crème. [ whispering ] cookie. [ whispering ] crème. [ whispering ] cookie. [ whispering ] crème. [ whispering ] cookie. c
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by...
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questions remain with future tax with american interests. fox news correspondent with our report. >> based on time, ed distance. >> the redneck gets in on negative gone there in time. >> it takes hours to be able to respond. >> defense secretary panetta and chief dempsey said by the military could not do more to save the lives of about sitter christie's -- chris stevens and benghazi wants whatever 11th. >> in a the state's military is not and frankly not should be and then on one service capable of arriving on the scene within minutes to every possible contingency around the world >> republican senators were not satisfied. >> did you know, how long the attack would last? >> no idea is to make it last two days and never airplanes in the world before it was concluded? >> no senator. >> your responses are very inadequate and the same inadequacy for the security that you provided at the consulate. >> what did the president know and what he knew it. >> he did not asking about visibility what we could do? did you have further communications that n
questions remain with future tax with american interests. fox news correspondent with our report. >> based on time, ed distance. >> the redneck gets in on negative gone there in time. >> it takes hours to be able to respond. >> defense secretary panetta and chief dempsey said by the military could not do more to save the lives of about sitter christie's -- chris stevens and benghazi wants whatever 11th. >> in a the state's military is not and frankly not should be...
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. >> oregon democratic senator ron wyden, i know it's been a very, very long and tax day four. thank you for your time tonight, sir. >> thank you for having me. >> thanks. >>> it took longer than scheduled for this riveting hearing on capitol hill today to get started. it took longer to get started than they expected for a very notable reason. that and other manmade delays in washington, coming up. asional have constipation, diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues... with three strains of good bacteria. [ phillips' lady ] live the regular life. phillips'. [ phillips' lady ] live the regular life. all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. ♪ don't know what i'd do ♪ i'd have nothing to prove [ male announcer ] zales i
. >> oregon democratic senator ron wyden, i know it's been a very, very long and tax day four. thank you for your time tonight, sir. >> thank you for having me. >> thanks. >>> it took longer than scheduled for this riveting hearing on capitol hill today to get started. it took longer to get started than they expected for a very notable reason. that and other manmade delays in washington, coming up. asional have constipation, diarrhea, gas, bloating? yes! one phillips'...
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. >> oregon democratic senator ron wyden, i know it's been a very, very long and tax day four. thank you for your time tonight, sir. >> thank you for having me. >> thanks. >>> it took longer than scheduled for this riveting hearing on capitol hill today to get started. it took longer to get started than they expected for a very notable reason. that and other manmade delays in washington, coming up. asional have constipation, diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues... with three strains of good bacteria. [ phillips' lady ] live the regular life. phillips'. [ phillips' lady ] live the regular life. you know, from our 4,000 television commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million people switched to me last year, saving an average of $475. [sigh] it feels good to help people save... with great discounts like safe driver, multicar, and multipolicy. so call me today. you'll be glad you did. cannonbox! [splash!] all stations come over to mithis is for real this
. >> oregon democratic senator ron wyden, i know it's been a very, very long and tax day four. thank you for your time tonight, sir. >> thank you for having me. >> thanks. >>> it took longer than scheduled for this riveting hearing on capitol hill today to get started. it took longer to get started than they expected for a very notable reason. that and other manmade delays in washington, coming up. asional have constipation, diarrhea, gas, bloating? yes! one phillips'...
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republicans and declaring he is ready to hit the road to sell the public on spending cuts and more tax hikes. >> is that an argument they want to have. that is an argument i'm more than willing to engage in. >> reporter: a new poll shows the public sharply disagrees with his claim that the federal government does not have a spending problem. 83% says it does have a problem and 14% say no. >> the american people will not accept another tax increase to put up a spending cut that the two parties have agreed to. >> reporter: nation security may be hanging in the balance. with the defense secretary leon panetta warring about the deep cuts coming on march 1st. >> this is will bad but damage national defense and compromise our ability to respond to crisis in a dangerous world. >> those cuts could mean a one month furlough for up to 800,000 civilian defense employees and he mocked leaders over news reports they are desperately seeking alternatives that could include other parts. >> they recognize the sequester is is a bad idea, but what they suggested the only way to replace it now is for us t
republicans and declaring he is ready to hit the road to sell the public on spending cuts and more tax hikes. >> is that an argument they want to have. that is an argument i'm more than willing to engage in. >> reporter: a new poll shows the public sharply disagrees with his claim that the federal government does not have a spending problem. 83% says it does have a problem and 14% say no. >> the american people will not accept another tax increase to put up a spending cut that...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created lelzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your busine
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for...
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>> well, i think if indeed the consumer is feeling strapped somewhat by the payroll tax going back in, being implemented again, then i think that hurts a lower end product like a cereal much more than it does the higher end products, so, i guess i'm going to side with the bear. >> way to go. >> victory for brian kelly. >> that's it? you don't get -- >> no, i decided. >> get sallie back here. >> she's going to love you after that hoya comment. nice. >> she'll never come back again. all right. let's go to brian sullen and you're taking a look at how options traders are playing gis. >> i think b.k. is short-lived on the victory speech here. if you look at the option activity today, we saw a buyer, 500 calls, the april 43 calls, paying 54 cents, so, the option trader seeing general mills trade to the upside, you know, 5%, 10% here, fom lowing their earnings report coming up in march. sort of an earnings play. bull activity here. and have to side with the new warren buffett here, he's outperformed the s&p for the last 25 years. he likes cereal names. specifically post. but general mills ve
>> well, i think if indeed the consumer is feeling strapped somewhat by the payroll tax going back in, being implemented again, then i think that hurts a lower end product like a cereal much more than it does the higher end products, so, i guess i'm going to side with the bear. >> way to go. >> victory for brian kelly. >> that's it? you don't get -- >> no, i decided. >> get sallie back here. >> she's going to love you after that hoya comment. nice....
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> let's get back to one of our top stories. in southern california, a manhunt is under way for a fired los angeles policeman suspected in a series of attacks that has already left two people dead and one wounded. it all started on sunday. police say christopher jordan dorner shot and killed two people in irvine. then, last night he attempted but failed to steal a boat in san diego. at 1:25 a.m. this morning california time he got into a shootout with police in chino but got away. two hours later he misled in riverside. he is still at large. to learn more, let's bring in joe johns. joe, there's some pretty sophisticated weapons. what do we know? >> from a law enforcement standpoint, i
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> let's get back to one of our top stories. in southern california, a manhunt is under way for a fired los angeles policeman suspected in a series of...
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are residents willing to tax themselves more to pay for it? our news reporter cornell bernard is live with that story. >> the state of the city is wet today but pretty good. we sat down together to get a preview of the address. he plans to ask voters for help to john rate more revenue. >> things are getting better. >> he says they are improving despite many challenges, including a rising crime rate and creating more jobs. the mayor will talk about plans to support police services and restore pay to worker whose took cuts to help balance the budget in recent years. to do that a sales tax increase is needed. >> we have to go to the ballot to get permission. that would be in 2014. it depends on the voter support. we have done some polling. the voters think we are moving in the right direction. >> that poll shows 70's percent of voters may support a quarter percent sales tax increase but only 57 percent favor half a percent high. and a worker at a maintenance worker that contracts with the city likes anything that will help keep his job. >> anothe
are residents willing to tax themselves more to pay for it? our news reporter cornell bernard is live with that story. >> the state of the city is wet today but pretty good. we sat down together to get a preview of the address. he plans to ask voters for help to john rate more revenue. >> things are getting better. >> he says they are improving despite many challenges, including a rising crime rate and creating more jobs. the mayor will talk about plans to support police...
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are residents willing to tax themselves more to pay for it? our news reporter cornell bernard is live with that story. >> the state of the city is wet today but pretty good. we sat down together to get a preview of the address. he plans to ask voters for help to john rate more revenue. >> things are getting better. >> he says they are improving despite many challenges, including a rising crime rate and creating more jobs. the mayor will talk about plans to support police services and restore pay to worker whose took cuts to help balance the budget in recent years. to do that a sales tax increase is needed. >> we have to go to the ballot to get permission. that would be in 2014. it depends on the voter support. we have done some polling. the voters think we are moving in the right direction. >> that poll shows 70's percent of voters may support a quarter percent sales tax increase but only 57 percent favor half a percent high. and a worker at a maintenance worker that contracts with the city likes anything that will help keep his job. >> anothe
are residents willing to tax themselves more to pay for it? our news reporter cornell bernard is live with that story. >> the state of the city is wet today but pretty good. we sat down together to get a preview of the address. he plans to ask voters for help to john rate more revenue. >> things are getting better. >> he says they are improving despite many challenges, including a rising crime rate and creating more jobs. the mayor will talk about plans to support police...
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and this is an entirely tax-payer fueled entity. >> eamon, you know the answer to that. the way that the u.s. army can say, we don't have operatives in south america. they didn't but they were paying mercenaries to be down there. >> yeah, look, a lot of this is is done in a very hidden way. very merurky world. we had so sift through record to find the corporate structure to find out the global strategies group for example, registered in luxembourg, not england. there are subsidiaries of sun sid arearies. it is hard to keep track of them and they are easily lost in the shuffle. that might be an advantage, right, if you're in the intelligence game? >> sounds fascinating and for fewers, can you read eamon's full report on cnbc.com. >> let's get a storm-related market flash from josh lipton. >> hey, brian. down day but there are names in the green and one of them is the generator maker, generac. they got a bounce from hurricane sandy and it is up again ahead of the storm barreling towards us here in the northeast. generac up just about 1%. >> thanks. now the fashion police,
and this is an entirely tax-payer fueled entity. >> eamon, you know the answer to that. the way that the u.s. army can say, we don't have operatives in south america. they didn't but they were paying mercenaries to be down there. >> yeah, look, a lot of this is is done in a very hidden way. very merurky world. we had so sift through record to find the corporate structure to find out the global strategies group for example, registered in luxembourg, not england. there are...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> down 94. were in triple digits earlier. it is february. what does this expect? it is snow and two storms are heading towards the northeast. they may merge and become a doozy beginning friday afternoon. weather channel's paul goodloe is tracking it for us. hi, paul. >> hi, how you doing? you talked about those storms merging. and they will bring the biggest dump of snow we've seen in a year and a half. new york city start with rain as we have two systems. one, a clipper across the midwest bringing detroit and michigan some snow but also the southern snow giving south some rain. they will come together an form a new storm, a nor'easter off-shore. as they do so we will plenty of wind,
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> down 94. were in triple digits earlier. it is february. what does this expect? it is snow and two storms are heading towards the northeast. they may...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >> good afternoon, everyone, i'm sandra smith with your fox business brief. it is a bearish day on wall street as traders take cover in traditional safe haven sectors and treasury bonds. off session lows the dow is still holding onto an 80-point loss. >>> meanwhile there is some good news in the housing market as consumer sentiment rose in january. according to fannie mae's national housing survey more people believe now is a good time to sell a home. 41% brief home prices will go up in the next 12 months. >>> according to challenger, gray & christmas the turnover of chief executives dropped 10% from the same time last year the outplacement firm says there were 113 ceo changes last mon
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >> good afternoon, everyone, i'm sandra smith with your fox business brief. it is a bearish day on wall street as traders take cover in traditional safe haven...
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the payroll tax increase is probably the most significant tax increase of all of the increases coming through here in 2013. it negatively impacts disposable income growth, and there's about an 85% correlation between income growth and spending. we think that spending will be pressured throughout the year. we do like the trade down in terms of some of the value oriented retailers catching the share. and we like them positioned more at the high end because we think the consumer is going to be more insulated. >> you have michael coors on your list. that story has read well since that company went public. and from ralph's results earlier in the week that the high end is holding up. and maybe the negative from coach and tiffany. >> we're very constructive on michael kors going into earnings next week. very strong sales results there. the handbag category has been pretty good. but up and comers, including michael kors eating away at coach's market share. tiffany's got some challenges just in the jewelry category, which has been one of the most inflation impacted categories here over the las
the payroll tax increase is probably the most significant tax increase of all of the increases coming through here in 2013. it negatively impacts disposable income growth, and there's about an 85% correlation between income growth and spending. we think that spending will be pressured throughout the year. we do like the trade down in terms of some of the value oriented retailers catching the share. and we like them positioned more at the high end because we think the consumer is going to be...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. cheryl: markets under pressure on this thursday. we are down 107 points on the dow. restaurants across the country stricken portion sizes. it turns out the record flu season is good for business. how you can profit from it. all of that is coming up. dennis: bottom of the hour. stocks every 15 minutes. we have nicole petallides. caterpillar. nicole: we are seeing it down about 2% at the moment. we are seeing at lower on this day where they expect earnings to fall. it is such a wide range. another analyst getting on board. eleven analysts have reduced their estimates on caterpillar over the last 30 days. one of the reasons they are doing that is uncertainty. caterpillar has such a wide r
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. cheryl: markets under pressure on this thursday. we are down 107 points on the dow. restaurants across the country stricken portion sizes. it turns out the record flu...
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he believes if people have to pay back taxes, if they pay fines, if they have to learn how to speak english, if we bring these to the forefront you bring more of those conservative members on board. also rubio is going to give the response to the state of the union address in spanish. some people are against that. sometime it takes going across the aisle speaking a different language to bring people to our side. jon: the fact that rubio is chosen for that very high-profile response, that state of the union response. >> yes. jon: the fact that these eight senators from both parties are sort of, you know, at loggerheads with the president to some degree on immigration reform. that's kind of interesting. >> president obama would be smart to bring rubio in the fold and get something done. so you have to question why hasn't he reached across? jon: this is president who wants to burnish his legacy. that is all he is running for now or all -- >> seems that way, jon. seems that way. i think choosing rubio to give the response at state of the union, remember bush got 45% of latino vote and we lost t
he believes if people have to pay back taxes, if they pay fines, if they have to learn how to speak english, if we bring these to the forefront you bring more of those conservative members on board. also rubio is going to give the response to the state of the union address in spanish. some people are against that. sometime it takes going across the aisle speaking a different language to bring people to our side. jon: the fact that rubio is chosen for that very high-profile response, that state...
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gun control and taxes, or tax increases, i should say. we had the assault weapon ban for three years. gun violence has gone down after it ended in 2004. tax rates, even the president said about a year and a half ago that when the economy is sliding, the last thing in the world you want to do is raise tax rates. that is what he is doing. >> let's talk about gun control. the president was in minnesota on monday. if we could just save one life, we have to try. in other words, we have to try to pass an anonymous national law to save one life? we had an assault weapons ban from 1994-2004. the national research council did an enormous study in 2004 and came to the conclusion that there was no way to know if any of this work. barack obama seems undeterred by the idea of passing enormously colossal balls david: you just want an election -- he has won reelection based on a motion. not based on facts and numbers. >> he is opposing his emotions, translating his emotions into laws like obamacare or dodd-frank that are so big, so complex, there are pa
gun control and taxes, or tax increases, i should say. we had the assault weapon ban for three years. gun violence has gone down after it ended in 2004. tax rates, even the president said about a year and a half ago that when the economy is sliding, the last thing in the world you want to do is raise tax rates. that is what he is doing. >> let's talk about gun control. the president was in minnesota on monday. if we could just save one life, we have to try. in other words, we have to try...
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the word is "taxes." the mayor says the city needs a sales tax increase and will call on community leaders to organize a campaign to support police and fire services and restore pay for workers who had to take cuts to balance the budget. a poll suggests that voters could be willing to do that. there is 70 percent support if a quarter percent sales increase but 57 percent for half a percent increase. the earliest it would be on the battle is next year, the 5th sales tax measure voters have approved since the mayor took office in 2007. the state of the city address is underway at 6:30 right here at city hall. >> fairfield police are asking for your help in finding the killer of a 13-year-old girl. the guardian for the 13-year-old reported her missing last thursday evening. her body was found friday morning. investigators say an occupy confirms she was murdered and they will not say how. people are keeping tightlipped about suspects to avoid compromising the case. she is shown on surveillance video near rail
the word is "taxes." the mayor says the city needs a sales tax increase and will call on community leaders to organize a campaign to support police and fire services and restore pay for workers who had to take cuts to balance the budget. a poll suggests that voters could be willing to do that. there is 70 percent support if a quarter percent sales increase but 57 percent for half a percent increase. the earliest it would be on the battle is next year, the 5th sales tax measure voters...
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the contra costa county fire protection district partial tax. clayton residents are trying to up with creative solutions to fund emergency services but for now the firestation will only be staff ed from 2:00 in the afternoon to 6:00 in the evening monday through saturday. >>> a trendy place for politicians making use of a site. >> this politician this morning is a bit unusual. we haven't seen him on it before. look at his picture. don't feel badly if you can't identify him. he's running for presidency in iran. he's answering people's questions in an internet town hall. this is the first time we've seen iranian politicians use the site. he's there to get iranian votes and educating americans about the iranian political process. other news, traveling on business this morning, watch out for winter storm nemo headed toward the east coast on the weekend. airlines are offering to rebook your tickets for free. in san jose, southwest lowering its fares to l.a. and some other cities this after virgin america announced it was moving into the south bay sta
the contra costa county fire protection district partial tax. clayton residents are trying to up with creative solutions to fund emergency services but for now the firestation will only be staff ed from 2:00 in the afternoon to 6:00 in the evening monday through saturday. >>> a trendy place for politicians making use of a site. >> this politician this morning is a bit unusual. we haven't seen him on it before. look at his picture. don't feel badly if you can't identify him. he's...
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we need a balanced package of tax reform, tax cuts and some revenue raising to go along with spending cuts and entitlement reform. we need a comprehensive package. it needs to be bipartisan. we need, rick, to stop the name calling. rick: john boehner says he will go along with the sequester as opposed to having to take a bad deal. but there are some republican lawmakers who say let's make a deal here. a lot of republicans are watching their elected leaders saying we are back up on our heels again. >> that's the outstanding question for the republicans. they have to stand for something. they have more cards to play this time than they did in the fiscal cliff deal. they have the debt looming. that cbo report is projecting -- this is a low-ball estimate. 26.6 trillion dollars in national debt by the next 10 years. something has to be done. i find it interesting that speaker boehner said i have been around this town for 20-some-odd years and we have seen the same thing. enough republicans have gone down this road of big spending over decades and that's why we are in this predicament. this
we need a balanced package of tax reform, tax cuts and some revenue raising to go along with spending cuts and entitlement reform. we need a comprehensive package. it needs to be bipartisan. we need, rick, to stop the name calling. rick: john boehner says he will go along with the sequester as opposed to having to take a bad deal. but there are some republican lawmakers who say let's make a deal here. a lot of republicans are watching their elected leaders saying we are back up on our heels...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> check out the auto parts retailers today, a couple of them moving sharply higher. some folks figure it makes more sense fixing up a car they have rather than buying a new one. that's helping advance this space. advanced auto parts is shooting higher. beats on the bottom line. same store sales fall, but less than the last quarter. another one is o'reilly automotive. their fourth quarter income pops 8%. and same store sales hit a record. carl, back to you. >> at least something's working, josh, with the dow now down almost 130. thanks. we're seeing quite a selloff in the markets here today. joe greco of meridian equity partners here with me at post 9. europe is closed. this is normal
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> check out the auto parts retailers today, a couple of them moving sharply higher. some folks figure it makes more sense fixing up a car they have rather...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. all right that's a fifth-floor probleok.. not in my house! ha ha ha! ha ha ha! no no no! not today! ha ha ha! ha ha ha! jimmy how happy are folks who save hundreds of dollars switching to geico? happier than dikembe mutumbo blocking a shot. get happy. get geico. fifteen minutes could save you fifteen percent or more. try align. it's the number one ge recommended probiotic that helps maintain digestive balance. ♪ stay in the groove with align. ♪ need help keeping your digestive balance in sync? try align. it's a probiotic that fortifies your digestive system with healthy bacteria 24/7. because your insides set the tone. stay in the groove with align. . >>> 11 minutes past the hour.
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. all right that's a fifth-floor probleok.. not in my house! ha ha ha! ha ha ha! no no no! not today! ha ha ha! ha ha ha! jimmy how happy are folks who save hundreds of...
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tonight, the mayor 8 call on community leaders to organize a campaign for city seals tax -- sales tax to restore money to city workers who took cuts. residents are willing to pay new taxes with 70 percent support for a .25 sales tax increase and 57 percent for half a cent sales tax increase. the earliest this would be on the ballot is next year. folks here in san jose have voted four times to aprove sales tax increases since the mayor has taken office back in 2007 and it is not clear if another will fly. we will find out tonight when the mayor makes his state of the city address tonight. >> right now we have breaking news to tell you about in southern california. three police officers have been shot, two in riverside and one in corona. this is over riverside where the police department says an officer was killed. reports say the shootings could be related to a suspect wanted in connection of a double murder in irving. this has gotten a lot of attention in southern california. a cal state basketball coach and her fiance were shot to death and police want to talk to a man, a former lapd
tonight, the mayor 8 call on community leaders to organize a campaign for city seals tax -- sales tax to restore money to city workers who took cuts. residents are willing to pay new taxes with 70 percent support for a .25 sales tax increase and 57 percent for half a cent sales tax increase. the earliest this would be on the ballot is next year. folks here in san jose have voted four times to aprove sales tax increases since the mayor has taken office back in 2007 and it is not clear if another...